Columbia Yukon Explorations Inc.
TSX VENTURE : CYU

Columbia Yukon Explorations Inc.

January 22, 2008 11:37 ET

Standard & Poor's Initiates Factual Stock Report Coverage on Columbia Yukon

WEST VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 22, 2008) - Columbia Yukon Explorations Inc. ("Columbia Yukon" or the "Company") (TSX VENTURE:CYU) is pleased to report that Standard & Poor's has initiated Factual Stock Report coverage on Columbia Yukon. Set out below is a copy of Standard & Poor's news release which was disseminated today:

"New York, NY -January 22, 2008- Standard & Poor's announced today that it has commenced Factual Stock Report coverage on Columbia Yukon Explorations Inc.

Columbia Yukon Explorations Inc. (TXV:CYU; OTCPK:CYUXF), in the exploration stage as of July 31, 2007, engages in the acquisition and exploration of mineral properties in Canada. The Company's main focus is exploration of polymetallic properties, and it is pursuing an active program of acquisition and exploration in the province of British Columbia. In particular, Columbia Yukon is focused on the exploration and development of its Storie Molybdenum property in northern British Columbia. The Company also holds interests in properties in the Province of Newfoundland and Labrador.

The Storie property is located near the historical mining camp of Cassiar and is approximately five kilometers away from a paved road. Under the terms of an option agreement, the Company was granted the right to earn a 100% interest in the Storie property, which is located in the Liard Mining Division in British Columbia, by spending a total of Canadian Dollar (C$) 4,000,000 in exploration expenditures over five years, issuing a total of 600,000 common shares over five years, and making cash payments in the amount of C$1,150,000 over five years. In October 2007, Columbia Yukon announced that it had accelerated the option payments and share issuances under the option agreement and as a result had earned a 100% interest in the Storie property (subject to a 2.5% NSR).

This report will also be accessible on an ongoing basis to the investment community ---- scores of buy-side institutions and sell-side firms that utilize S&P research and information platforms daily. Millions of self-directed investors also have access to the report via their e-brokerage accounts.

About Standard & Poor's Factual Stock Reports

This Standard & Poor's service provides factual research coverage enabling information about Columbia Yukon Explorations Inc. and other securities to reach a wide investor audience of Buy and Sell-side investors, helping them understand a company's fundamentals and business prospects. Currently profiling over 1,000 issuers, S&P Factual Stock Reports increase market awareness for issuers in the investment community with insightful commentary and key statistics/information. Updated weekly with the latest pricing, trading volume, and other data, the reports include recent developments, a financial review, key operating information, Industry and peer comparisons, institutional holdings analysis, Street Consensus and opinions, performance charts, business summary, fundamental data, and news. Because coverage of these reports is sponsored by the issuer, S&P does not offer investment opinions concerning the advisability of investing in these stocks.


Standard & Poor's Factual Stock Reports are produced separately from any other analytic activity of Standard & Poor's. Standard & Poor's Factual Report research has no access to non-public information received by other units of Standard & Poor's. Standard & Poor's does not trade on its own account.

Note: All U.S. and Canadian Companies listed on a National Exchange (not covered by S&P's STARS research) are eligible to obtain this coverage.

About Standard & Poor's

Standard & Poor's, a division of The McGraw-Hill Companies (NYSE: MHP), is the world's foremost provider of financial market intelligence, including independent credit ratings, indices, risk evaluation, investment research and data. With approximately 7,500 employees, including wholly owned affiliates, located in 21 countries, Standard & Poor's is an essential part of the world's financial infrastructure and has played a leading role for more than 140 years in providing investors with the independent benchmarks they need to feel more confident about their investment and financial decisions. For more information, visit http://www.standardandpoors.com."

Columbia Yukon Explorations Inc.

Ronald A. Coombes, President & CEO

The TSX Venture Exchange has not reviewed this news release and does not accept responsibility for the adequacy or accuracy of this release.

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